Governor Jim Justice, who’s running for U.S. Senate, just revealed that he’s swimming in debt—$158 million worth, to be exact. The biggest chunk? Over $50 million owed to his family’s favorite bank, Carter Bank & Trust, which could demand payment at any time. But don’t worry, according to Justice, it’s all under control.
Justice’s companies have been tangled in a $300 million loan mess with Carter Bank. They finally reached a “deal” last month, but the debt’s still looming large. Justice insists this isn’t a big deal, calling media questions about his financial troubles “unfair” and saying they should focus on more important things.
Meanwhile, Carter Bank is feeling the pinch, losing $48.4 million in interest because Justice’s loans aren’t making any money. But Justice says everything’s peachy, so no need to worry—just keep your eyes on the “big stuff.”
